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Showing posts with the label crypto exchange

Hong Kong to Greenlight More Crypto Exchange Licenses by Year-End

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Hong Kong to Greenlight More Crypto Exchange Licenses by Year-End Hong Kong's Securities and Futures Commission (SFC) announced plans to authorize additional cryptocurrency exchange licenses before the year ends, emphasizing strict compliance standards. The regulatory body issued a licensing framework requiring exchanges to meet benchmarks on anti-money laundering (AML) measures, investor protections, and secure asset custody. Following an extensive five-month inspection, the SFC noted that some digital ass... Coinatory

How to get over your Ex

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Pick a paper, note down their good things, then the not-so-good things and well, move on. One entails a deeper commitment. The other has lesser stakes. One involves more members of the family. The other never flashes ‘complicated’ in the relationship status. One takes time to marinate. The other one is easy to carry-on. One takes intestinal fortitude and is not so easy to replace. The other is faster and simpler but also easy to swap. One needs maturity. The other accommodates novices. Caught you? You almost thought we were talking about marriage vs. live-in. No? You were actually thinking of slow-cooked rice in a Moroccan Tagine vs. a ready-to-eat pack tossed in a microwave? Well, same difference. We are trying to compare DEX (De ... Read more about " How to get over your Ex " on coinatory.com

Flyp.me accountless exchanger adds Cardano (ADA) to growing list of cryptocurrencies

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Flyp.me, the instant accountless exchanger, has just listed Cardano (ADA) bringing the total number of available coins and tokens to 32. This move provides users with instant access to Cardano, just using their preferred wallet while maintaining control over their private keys. First launched in 2017, the Flyp.me accountless exchanger is built by a veteran team developing on bitcoin since 2012. It focuses on privacy, simplicity and speed to provide anyone with instant and seamless exchanges. Flyp.me doesn’t require any registration, email nor account. Users are always in control of their privacy and private keys. It is as simple as sending a transaction from your wallet. Cardano is a great addition to the cryptocurrencies and t ... Read more about " Flyp.me accountless exchanger adds Cardano (ADA) to growing list of cryptocurrencies " on coinatory.com

The 30 years old founder of Quadriga exchange died. $137 million of clients" funds locked

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Quadriga has been online since 2013. For five years, this site has become one of the largest crypto exchanges of Canada; 360 thousand people were registered on it. At the same time, the only permanent employee of Quadriga was its founder, Gerald Cotton. He controlled the site from his own laptop - and paid much attention to security issues. January 15 on the Quadriga page on Facebook appeared a statement about the death of Cotton. It was signed by his widow and heiress Jennifer Robertson. According to her, her husband died suddenly in December 2018 during a trip to India. He went there to open an orphanage. The cause of the death of Cotton were complications of Crohn"s disease, which was diagnosed at the age of 24. At the time of ... Read more about " The 30 years old founder of Quadriga exchange died. $137 million of clients" funds locked " on coinatory.com

Binance started accepting credit card payments for cryptocurrencies

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Digital Currency Exchange Binance announced that from January 31, began to accept payments from credit cards. Binance also reports that this is the result of cooperation with the Israeli company Simplex, which specializes in processing such payments. Binance CEO Changpeng Zhao stated: We want to provide traders with quick and easy access to cryptocurrencies, maximally secure their purchase. The partnership with Simplex will help overcome some of the gap in payments for cryptocurrency with credit cards for our customers around the world. Now at Binance.com you can buy cryptocurrencies with credit cards and start trading in a matter of minutes. According to reports, the exchange is capable of processing more than 1.4 million ... Read more about " Binance started accepting credit card payments for cryptocurrencies " on coinatory.com

The customers" data of the largest crypto exchanges are sold in darkweb

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In the darkweb market called Dread, ExploitDOT seller trades the verification data of clients of the largest cryptocurrency exchanges. This hacker has been advertising since July 2018. He claims that he managed to steal the documents necessary for verifying the identity of clients, including identity cards and driver"s licenses, from users of the largest cryptocurrency exchanges - Bittrex, Poloniex, Bitfinex and Binance. The cost of the data is $ 10 per 100 documents, and the "wholesale" buyers are given a discount: if you purchase more than 25,000 documents, the price per 1000 data units is $ 1. An expert on cybersecurity, who wished to stay anonymous, said that he had contacted the seller and received three samples from him ... Read more about " The customers" data of the largest crypto exchanges are sold in darkweb " on coinatory.com

Cryptopia hacking investigation: $3.6 million and new circumstances

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The police of New Zealand confirmed that they are investigating a “grand theft” from the local cryptocurrency exchange Cryptopia. This is stated in a press release published on January 16. According to some local media, it could be about $3.6 million. On January 14, Cryptopia suddenly closed its website “for service”, and later it turned out that it “suffered from security vulnerabilities”. On January 15, on Twitter, Cryptopia made a statement that the users had suffered “significant damage” and that “the exchange was set to the maintenance mode”. Since then, Cryptopia has also stated that it will not comment on further developments, as an official investigation is being conducted by law enforcement agencies. According to poli ... Read more about " Cryptopia hacking investigation: $3.6 million and new circumstances " on coinatory.com

Cryptopia exchange has been hacked with "significant losses"

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The New Zealand cryptocurrency exchange Cryptopia has been hacked and now conducts unscheduled maintenance of its systems. The announcement has just been posted on Twitter, which says that the losses are “significant”: https://twitter.com/Cryptopia_NZ/status/1085084168852291586 The exchange can not report the scale of the damage now. When you try to go to the Cryptopia website, the following message appears in front of users: It is worth noting that the first official tweet about the maintenance of the exchange dates back to January 13 and says: https://twitter.com/Cryptopia_NZ/status/1084705458533785601 Thus, we can assume that the stock exchange was hacked even earlier than January 14th. The first exc ... Read more about " Cryptopia exchange has been hacked with "significant losses" " on coinatory.com

Stablecoin of "Norilsk Nickel" will be traded on Huobi exchange

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Representatives of the Russian metallurgical company Norilsk Nickel are negotiating with the Huobi cryptocurrency exchange to place a stablecoin secured with metals on the platform. Earlier it was reported that the leadership of the metallurgical giant plans to release its own cryptocurrency next year. This asset will have collateral in the form of non-ferrous metals, which will minimize the risks of its volatility in the market. As noted by the Vice-President of the Russian Association of Cryptoindustry and Blockchain (RAKIB) Andrei Grachev, if all the work on the issue of stablecoin will be done on time, then the coin can be placed on the Huobi exchange. This information has already been confirmed in the press center of Norilsk ... Read more about " Stablecoin of "Norilsk Nickel" will be traded on Huobi exchange " on coinatory.com

Only Binance and Bitfinex do not fake trading volumes among the 25 largest exchanges

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In the history of cryptospace there was a lot of deception and scandals that were associated with counterfeit trading volumes on exchanges. Most recently, the Blockchain Transparency Institute (BTI) published a research report stating that most of the top 25 leading crypto exchanges provide excessive data on trading volumes on their platforms and that only Bitfinex and Binance disclose accurate information. The report says that 87% of these companies actually fake such data. The report says that CoinMarketCap also does not provide reliable information, and that "data from 11 out of 25 exchanges [at CoinMarketCap] are rigged by 99%." It is also indicated that the data on the trading volumes of major exchanges such as Huobi ... Read more about " Only Binance and Bitfinex do not fake trading volumes among the 25 largest exchanges " on coinatory.com

Coinbase freezes Bitcoin Cash withdrawal

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BCH hardfork caused quite unpleasant volatility in the entire cryptocurrency market. “Bearish” moods roam throughout the crypto space. The scandal around OKEx has not yet subsided, as the cryptocurrency exchange Coinbase has fallen into the wrath of investors. Coinbase users are now furious because the exchange does not allow them to withdraw assets. The largest US cryptocurrency exchange Coinbase accepted the hardfork after Binance and Kraken, but decided to freeze the funds and wait until they “stabilize”. Coinbase explains that the decision was made to protect investors, and denies his guilt. Coinbase Support tweet states that they “do not control the situation,” that after hardfork the network is “technically unstable” and tha ... Read more about " Coinbase freezes Bitcoin Cash withdrawal " on coinatory.com

Estonia: the number of licensed crypto companies will reach 1000 soon

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It has not been a year since Estonia started licensing cryptocurrency companies, and the number of licensed companies has already exceeded 900. The authorities of a small Baltic country follow a progressive approach to crypto sphere regulation, but startups complain that local banks are still reluctant to go for cooperation. Estonia has become one of the first jurisdictions in the EU to legalize the work of the crypto sector. There are two types of licenses in the country. Approximately 500 cryptocurrency exchanges received the first type of licenses, another type of license - cryptocurrency wallet operators, which number is more than 400 now. According to the Njord resource report, which is based on data from the register of ... Read more about " Estonia: the number of licensed crypto companies will reach 1000 soon " on coinatory.com

Anonymous Founder of Oyster Pearl is suspected in exit scam with $300,000

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Users of Oyster (PRL) cryptocurrency on October 30 sounded the alarm in social networks, suspecting that the founder of this project, acting under the pseudonym Bruno Block, deceived investors. This is reported by the Blockchain Reporter. In the official telegram channel of the project, the administrators placed the message: “We can confirm someone has taken control of the Smart Contract. Do NOT BUY ANYTHING. We are waiting for more information and also trying out best to close KuCoin’s trading right now!” Someone controlling the smart contract released and immediately sold 300,000 tokens, rescuing about $300,000. It seems that the attacker deliberately began to operate at night when employees of the KuCoin exchange, the largest tradi ... Read more about " Anonymous Founder of Oyster Pearl is suspected in exit scam with $300,000 " on coinatory.com

OKEx will remove 58 trading pairs

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OKEx, a Hong Kong cryptocurrency exchange, will remove 58 trading pairs (not tokens themselves) on October 31. The reasons for such a move by the exchange indicate weak liquidity of the assets to be removed and a small amount of trade in them. OKEx Operations Manager Andy Chun called these measures as “house cleaning”. Every day, transactions for $395 million are processed on the OKEx platform - the exchange is leading in the sector by intraday trading volume. A full list of cryptocurrency pairs scheduled for delisting can be found in th ... Read more about " OKEx will remove 58 trading pairs " on coinatory.com

New regulations of cryptocurrency in Spain

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The Spanish authorities want to restore order in the cryptocurrency industry and force all citizens to provide information about their digital assets. The corresponding bill was approved by the Spanish government, Bitcoin.com reports, citing local news sources. The main objective of the document will be the fight against tax evasion from income derived from operations with digital money. The supporter of the introduction of such a rigid bill is the Minister of Finance Maria Jesus Montero. She believes that it is necessary to force all ... Read more about " New regulations of cryptocurrency in Spain " on coinatory.com

Nasdaq is preparing a platform for investment tokens

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One of the largest global stock exchanges, Nasdaq plans to launch its own platform for ICO tokens. ChapiCap reports this with the reference to its sources. Now stock market experts are engaged in the creation of such a platform using the blockchain technology. The site will serve for the release of the so-called investment tokens during the ICO of various projects and the subsequent trade in them. Sources clarify that the Nasdaq team maintains a close relationship with the blockchain-startup Symbiont, which is developing solutions for ... Read more about " Nasdaq is preparing a platform for investment tokens " on coinatory.com

Shares of criminal and legal use of bitcoin swapped places

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According to the US Drug Enforcement Administration, in 2013, 90% of all bitcoin use cases were tied to criminal activity, whereas now 90% are accounted for legal financial transactions. Only in 10% of cases, we are talking about illegal activities. Such statistics were shared with Forbes by an employee of the US Drug Enforcement Administration, Lilita Infant. Just a few people in the world are better aware of this issue than she is. The team, which includes Infant, specializes in investigating crimes in the cybersphere, in particular ... Read more about " Shares of criminal and legal use of bitcoin swapped places " on coinatory.com

Huobi denies having financial business with the EOS BPs

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The Huobi currency exchange denied earlier information about collusion with the block producers of EOS digital currency. As cnLedger twitter account clarifies, Huobi also denies rumors about his participation in the manipulation of voting on the EOS network. At the last week on the Internet, information began to spread that the EOS block producers allegedly participated in a pre-coordinated voting. It was alleged that the crypto exchange Huobi joined this collusion and voted for 20 EOS blocks producers, and 16 of them in response voted ... Read more about " Huobi denies having financial business with the EOS BPs " on coinatory.com

StellarX launched a decentralized exchange with fiat support

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The StellarX marketplace, which sells assets on the Stellar blockchain, announced the launch of a decentralized platform with zero commissions and support for fiat currencies. The functionality of the exchange differs a bit from the existing exchanges on the Ethereum blockchain, but unlike the same IDEX and EtherDelta, where it is still necessary to pay for gas, the exchange does not charge commissions from users, thanks to its unique consensus mechanism. In addition, StellarX supports fiat currencies. While transactions inside the ... Read more about " StellarX launched a decentralized exchange with fiat support " on coinatory.com

Why did Bitcoin Cash rise in price?

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For a day the price of this cryptocurrency increased by 18.7%. Experts have at least two reasons why this happened. Now the price of bitcoin cash is about $528.6. This is evidenced by the data of the sites, where the exchange rates are updated in real time. At the same time, the price of bitcoin for the day almost did not change - it fell by 0.18%, reaching $6400, and the ether - by 0.08%, reaching almost $215. Market analysts explain the growth of bitcoin cash for two reasons. The first is the news that this altcoin was added by the ... Read more about " Why did Bitcoin Cash rise in price? " on coinatory.com